8. Mr. A sells a bicylce to Mr. B at a profit of 20% and Mr. B sells it to Mr. C at a profit of
25%. If Mr. C pays 1,500, what did Mr. A pay for it?
please give only answer
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8. Mr. A sells a bicylce to Mr. B at a profit of 20% and Mr. B sells it to Mr. C at a profit of
25%. If Mr. C pays 1,500, what did Mr. A pay for it?
please give only answer
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Answer:
The answer is 1000
Step-by-step explanation:
S.P=Rs.1500
B′s profit %=25%
C.P for B=125100×1500=1200
C.P for B=S.P for A=1200
Profit % for A=20%
C.P for A=120100×1200=1000 rupees.